If your listing has expired and your home didn’t sell, it's completely normal to feel a mix of frustration and disappointment. Understandably, you're probably wondering what may have gone wrong. Here are three questions to think about as you figure out what to do next.
Did You Limit Access to Your Home?
One of the biggest mistakes you can make when selling your home is restricting the days and times when potential buyers can tour it. Being flexible with your schedule is important, even though it might feel a bit stressful to drop everything and leave when buyers want to see it. After all, minimal access means minimal exposure to buyers.
Sometimes, the most determined buyers might come from far away. Since they’re traveling to see your home, they may not be able to change their plans easily if you only offer limited times for showings. So, try to make your home available as much as you can to accommodate them. It's simple – if no one’s able to look at it, how will it sell?
Did You Make Your Home Stand Out?
When you're selling your home, the old saying matters: you never get a second chance to make a first impression. Putting in the work to make the exterior of your home look nice is just as important as how you stage it inside. Freshen up your landscaping to boost your home’s curb appeal so you can make an impact upfront. As an article from U.S. News says:
“After all, if people drive by, but aren’t interested enough to walk through the front door, you’ll never sell your house.”
But don’t let that impact stop at the front door. By removing personal items and reducing clutter inside, you give buyers more freedom to picture themselves in the home. Plus, a fresh coat of paint or thorough floor cleaning can work wonders in sprucing up the home for potential buyers.
Did You Price Your Home at Market Value?
Setting the right price is key. While it might be tempting to push the price higher to maximize your profit, overpricing your home can actually turn off potential buyers and slow down the selling process. Forbes notes:
“Pricing a home too high could lead to a slower sale or force the seller to drop their price.”
If your home is priced higher than others like it, it may discourage buyers, resulting in increased time on the market. Pay attention to the feedback people give your agent during open houses and showings. If lots of people are saying the same thing, it might be a good idea to think about lowering the price.
For all these insights and more, rely on a trusted real estate agent. A great agent will offer expert advice on relisting your home with effective strategies to get it sold. With more than 25 years of experience in the Central Florida area, and with several certifications and designations, I'm here to put my expertise to work for you.
Bottom Line
It’s natural to feel disappointed when your listing has expired and your house didn’t sell. Let’s connect to determine what happened, and what changes you should make to get your home back on the market.